Tax Planning (Year-End 5/4/2021)

Introduction

As the tax year end approches in these uncertain times (5/4/2021). We are presenting you with tax planning opportunities and pitfalls advices for both individuals and businesses as well as dealing with issues around COVID-19 in modules are as follows:

Tax for individuals: 

1. Changes in personal circumstances
2. International issues 
3. Transferring wealth 
4. Issues for employees 
5. Minimising tax liabilities 
6. Savings and investments and 
7. Real estate.

1. Starting out in business 
2. Minimising taxable profits 
3. Financing the business 
4. Claiming tax reliefs 
5. Dealing with employment related issues 
6. Extracting profits 
7. Utilising tax losses 
8. Dealing with groups 
9. Changing the way business operates 
10. Changing the way the business is owned or structured  
11. Closing or disposing of the business. 

1. Issues for employers 
2. Issues for the self-employed 
3. Other issues for:
   • VAT-registered, 
   • Occupy property, 
   • SMEs, 
   • Large businesses, and 
   • Tax administration. 
4. Particular sectors:
   • Aviation, 
   • Charity, 
   • Culture, 
   • Fishing industry, 
   • Innovation, 
   • Nursery, 
   • Pension scheme administration